Kolter Hospitality is our hotel investment, development and management affiliate.    Kolter Hospitality currently owns and operates over 700 rooms, and has an additional 1,165 rooms in development, including the new Hyatt Place presently under construction in Downtown Boca Raton—believe it or not, it will be the first new luxury hotel built in Downtown Boca Raton since the Boca Resort, opened in 1926.